China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

Sonangol Looks to Secure $4.8b Loan From China for Sea Port Refinery

Sonangol Looks to Secure $4.8b Loan From China for Sea Port Refinery

Hartman Seatrade Adds Two Liebherr LS 250 Ship Cranes to its Fleet

Hartman Seatrade Adds Two Liebherr LS 250 Ship Cranes to its Fleet

Enstructure to Support Sims’ Houston Expansion

Enstructure to Support Sims’ Houston Expansion

Tennessee-Tombigbee Waterway Development Authority Elects Governor Tate Reeves as 2026 Chairman

Tennessee-Tombigbee Waterway Development Authority Elects Governor Tate Reeves as 2026 Chairman

Subscribe for Maritime Logistics Professional E‑News

French and Benelux stocks: Factors to watch Thursday
Sri Lanka arrests ex-intelligence chief over 2019 Easter bombings
Hong Kong's Court of Appeal reverses the fraud conviction and sentence of tycoon Jimmy Lai